Energy Briefs

IN TODAY'S Energy Briefs: Conoco, Apache upgraded; Qatar's Mozambique play; Vic O&G hails settlement; Falklands' exploration olive branch; Statoil to drill world's hottest geothermal well; directors fund PVE raise; Tanzania power station progresses; UK wave energy mess; Wartsila's LNG newbuilds; and Talga's German battery deal.

ConocoPhillips

JP Morgan has upgraded Australia Pacific LNG downstream operator ConocoPhillips from neutral to overweight with a $US51 price target, comfortable that the US oiler could "walk (de-lever

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